This property might be a fair Mid-Term investment with a projected 2.19% first-year return on $75,141 initial cash invested.
2.19%
Cash On Cash
7.85%
Cap Rate
1.18
DSCR
$3,327
Rent
$137
Cashflow
Cash Flow
$3,327 income − $3,190 expenses = $137 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,141
Downpayment
20%
$54,420
Closing costs
1%
$2,721
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,327
Total Expenses
$3,190
Mortgage P&I
45%
$1,509
Property Taxes
13%
$442
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$366